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Search Results 0 to 18 of about 19 (some duplicates have been removed)
on the heels of the most absurd unfunded wars in iraq and afghanistan and unfunded trillion dollar medicare and bills and tax cuts for the wealt wealthy. i, myself, voted for all of this. back to my original point. >> welcome back to "morning joe". the medicare plan was a $7 trillion plan. most republicans have been watching. let's take a look now at the morning papers. the san francisco chronicle and a virtual fallout if congress fails to raise the contract. they took out $5.4 billion in loans, covering the bills in case money stops flowing in from washington. new york times under pressure from democratic colleagues, seven term representative, david wu said he would resign from congress following accusations of inappropriate sexual encounters last year. she was much, much younger. before the allegations, he was politically vulnerable. two others were going to challenge him. they have been talking about this going back to college, possible rape charges from his time in stanford. drivers in l.a. may regret paying ticket violations from traffic cameras. they admitted paying the fines is volun
will spend about $150 billion a year on the wars in iraq and afghanistan. nobody believes or hopes that will happen. it has not been requested by the president. no one intends to spend that money. in fact, the president's own budget assumes that instead of the $1.7 trillion that would be over the next decade, that instead we will spend about $600 billion. that's what the president's budget says. that's what people assume. this means that senator reid's proposal to take credit for cutting an additional $1.1 trillion that's not going to be spent anyway is not going to be viewed as a credible proposal. why? because it's money that's not planning to be spent. it's a little like a family saying let's assume we're going to take a vacation we're never nefer going to take and it's going to cost $10,000, and them saying we saved $10,000 on our basketball. i wish it weren't so. i wish the $1.1 trillion was credible spending reductions we could rely on but "the washington post," "the wall street journal," many other observers have looked at this and said frankly it's not meaning a meaningful
afghanistan and iraq is just not credible. we don't know what the obstacles are going to be in afghanistan and possibly iraq. we also don't know what we might have to do in the middle east going forward. afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al qaeda. we have been over there losing american lives and spending american taxpayer dollars to protect our coury from another 9/11. to say that we're going to cut $1 trillion in the future over the next ten years when we aren't placing the emphasis on what are the conditions on the ground is not sound policy and it's certainly not sound national security policy. so that's illusory. and then the other pa
who lost his life when his offspring helicopter tragically went down in afghanistan. and now his family and friends have found a way to honor his life and sacrifice through an annual event that is now used to raise funds for a college scholarship awarded to students at eden prairie high school where randy graduated in 1985. in addition to this scholarship, his run seeks to raise awareness of the contributions of our men and women in uniform that they make every day to keep america free. the major may not live us but his memory lives on through his family and friends and his community and through the scholarships through the local high school students that share his values. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from ohio rise? mr. kucinich: mr. speaker, i ask permission to address the house for one minute. the speaker pro tempore: the gentleman from ohio is recognized for one minute. mr. kucinich: as congress struggles to come up with this deal over government debt, we all know that all we had
every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr
in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speaker, as i listen to my friend from the other side
or daughter, husband or wife is in iraq or afghanistan, might cost them their check if we get three or four or of six days past august 2nd. >> i heard you say earlier we're seeing a generational divide in the house right now, the results of a generational divide. >> no question in the republican party there's a huge generational divide. as gloria just noted, a lot of these 87 freshmen, they're not career politicians. they were car dealers, maybe they were prosecutors. some of them were farmers. they don't feel bebeholden to the speaker. they think the people telling them to compromise are the people who built the pile of debt, the miss we're in right now. they don't truss them. remember a lot of people are making fun of them. a lot of people say these crazy tea party party. why won't they compromise? they won the last election. the last time america spoke they sent these people to washington. so they think that's what they were sent here to do. now, maybe the public's changed its mind. maybe the president and democrats have convinced them otherwise. but they just in november won an election
down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion for the w is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trlion. and another thing that's scored in tt, since that $1 trillion in war costs is scored the way mr. reid scored that, which is phantom money,
have or do that wouldn't have to raise the debt ceiling. one is the iraq and afghanistan war, it's george bush's war. i think what we need to do is go after george bush, dick cheney, and donald rumsfeld and let them pay for their wars that they got us into. the second thing is that we need to stop sending our money overseas and start helping our own people. the third thing is that all of these senators and congressmen that are making making $170,000 a year and making these poor choices, if they would be making $40,000, $50,000 a year, every one of their dumb decisions that they make wouldn't only affect us but it would affect them. host: thank you for your call. next up is royal oak, michigan. this is eugene a republican. good morning. caller: yes. i am calling in regards -- i'm very disappointed in boehner. i was going to send him some money, but now i'm not. i gave allen west some money, and i'm getting disappointed in him for him caving. i can't understand why the mainstream press insists on sending the republicans -- saying the republicans are at fault all the time when they
savings based on savings on troop levels in iraq and afghanistan. >> well, interesting enough while they're calling the overseas contingency operation dollars phantom funds, anderson, you may know they used those funds and put them in their own budget that they've already voted for and relied on. >> so where do you see this going? what do you think happens tonight? what do you think happens tomorrow? >> well, of course, i don't know what's going to happen tonight. obviously the republicans are meeting with themselves to see whether or not they have the votes to pass what john boehner has offered as a purely partisan alternative. we were not involved in those discussions. we were not involved in the decisions. and it's interesting that even in their own party it is deeply factionalized, deeply divided paint, divided against their leadership, angry at their leadership, and a party that is divided itself has difficulty working with the president or working with us. and that's unfortunate. and the country is the poorer for it. and the image of america is poorer for it. and i would hope that
that it needs that is a small percentage for wasting infrastructure in afghanistan. the notion that the cftc that the 80 or $90 billion more that we need can't be done because of the deficit that people spent in $147 billion so we can keep subsidizing american farmers is nonsense. similarly with the fcc they want to turn in. they will bring in more money to the system than it will be given to run it. that's one effect. in fact, what you have running here is a catch 22. first, deny the fcc and cftc adequate funding. they in turn are not able to deal with the rulemaking requirements that they have. then because we haven't been able to move as quickly, that's something they have imposed. obviously, you want the fcc and cftc to have smart people and information technology. i have to say i do not see it coming from the financial institutions. many of them recognize while you may not like the rules, if you've got the rules, you want them well run. this is coming from the republican party who just believe despite all of the evidence to the contrary that an unregulated free market works. you saw thi
month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and inastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speaker, as i list
-in-law in afghanistan and my sister works as physical therapist with a young man who just lost his leg last year in iraq. now if a man can give his legs up for this country, why can't the wealthy give up some of the tax loopholes, spread a little bit of this around. it is unbelievable the fact -- we don't even have to raise taxes on anybody. just make them pay their taxes. a lot of republicans and small businesses pay their taxes but the super rich don't. and i don't think people understand the kind of tax loophole that is are in shelters. host: we're moving on to foster in centerville, georgia, on our line for democrats. go ahead. caller: hi. how are you doing? i'm just wondering now, now we actually elected people to go to congress to balance the budget and pay the bills but do they realize instead of making an amendment, do they already have the authority to pay the bills? host: well now have you let your representative or senator know how you feel about this? caller: we certainly have. me and my girlfriend got together and we got up a sheet with all the republicans representatives. we called all the
and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including cutting unnecessary spending on agricultural subsidies and auctioning off electromagnetic spectrum that the government currently holds. finally, by cutting the government by over $2 trillion, we'll have to borrow less money than anticipated and that will save an additional $400 million -- sorry, $400 billion in projected interest costs. in total, the senate democratic plan on which we will vote would cut the deficits by $2.7 trillion over the next ten years. while senator reid's proposal would not address the tax gimmicks and loopholes throughout our tax code that help favor the well-connected, this omission does not m
and distinction in iraq and afghanistan would feel that way to draw back on the benefits that they earned. during the bush years our country spent $1.5 trillion in iraq and national defense. the turnaround in our budget picture during the bush years was remarkable. in october of 2008, cnn reported that the debt clock had run out of numbers. the debt clock actually had exceeded 13 digits that had been allotted to the clock and had to be revised. according to one report at the end of the bush term, the number of jobs in the nation increased by 2%. that's the lowest at anytime since data began to be collected seven decades ago. gross domestic product was at the lowest pace since the truman administration, and the price that america has paid for the theology that suggested during all of those years that tax cuts pay for themselves. you can't find a mainstream economist in this town today who will acknowledge that argument. and yet we hear now more tax cuts for the wealthiest americans. by the time that the bush years ended, the debt had increased to $10.6 trillion, setting a record for any administra
Search Results 0 to 18 of about 19 (some duplicates have been removed)